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|   |    | calculated as an annual average, such that (A) Lessee’s actual utilization of the Aircraft is 110% or greater than the Assumed Utilization, upon written notice from Lessee to
Lessor , the rates of Airframe Supplemental Rent and Landing Gear Supplemental Rent shall be adjusted downwards to rates based on a table contained in the Aircraft Lease Agreement, or (B) Lessee’s actual utilization is below the Assumed
Utilization Adjustment Threshold, upon written notice from Lessor to Lessee, the rates of Airframe Supplemental Rent and Landing Gear Supplemental Rent shall be adjusted upwards to rates based on a table contained in the Aircraft Lease Agreement.
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